Metrology Software Market By End-use Application (Industrial Manufacturing, Electronics and Electrical, Automotive, Aerospace, Energy and Power, and Other End-use Applications) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2023

Demand for portable CMM (coordinate measuring machine) software, growing acceptance of point cloud capabilities, and a drive towards precision engineering are collectively driving the adoption of metrology software solutions across the globe. In addition, their ability to integrate multiple functions within a single unit, thereby making devices compact, has further fueled market momentum in different verticals. These factors are expected to contribute to a single-digit compounded annual growth rate (CAGR) during 2016–2023. The global metrology software market is expected to exceed US$ 652.1 million by 2023.

Report Scope

This report analyses the global metrology software market regarding end-use applications and geography. Based on end-use application, the demand for metrology software is further classified into industrial manufacturing, automotive, electrical and electronics, aerospace, energy and power, and healthcare, among others. The geographical distribution of the global metrology software market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

1.1 Report Description

Purpose of the Report

The purpose of this strategic research study titled "Global Metrology Software Market-Growth, Share, Opportunities, and Competitive Analysis, 2016–2023" is to offer industry investors, company executives, and industry participants with in-depth insights to enable them to make informed strategic decisions related to the opportunities in the global metrology industry.

Target Audience

• Industry Investors
• Metrology Equipment Manufacturers
• Metrology Software Providers
• End-users

Overall, the research study provides a holistic view of the global metrology software market, offering market size and estimates for the period from 2014 to 2023, keeping in mind the above-mentioned factors.

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